Hiring Logjam Breaks as CEOs Plan for U.S. Growth
(Bloomberg) Companies from General Electric Co. (GE) to yogurt producer Chobani are adding U.S. workers, accelerating a rebound in hiring, as chief executive officers prepare for greater demand in a strengthening economic recovery.
Boeing Co. (BA) is bringing in more than 100 union machinists a week for a 60 percent boost in output by 2014. Nissan Motor Co. (7201) will expand in Tennessee with 1,000 people making lithium-ion batteries. And a GE executive was at a Kentucky appliance plant before dawn this month to greet some of 500 new employees.
“The next few years are going to be a different picture than what we saw in the last few,” said Hamdi Ulukaya, CEO and founder of South Edmeston, New York-based Chobani, which is building a 300-worker plant in Twin Falls, Idaho. “To get ready for this, we need to have our manufacturing capacity in place.”